NBT Bank N A NY Has $2.34 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

NBT Bank N A NY boosted its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 68,848 shares of the exchange traded fund’s stock after buying an additional 5,863 shares during the quarter. NBT Bank N A NY’s holdings in VanEck Gold Miners ETF were worth $2,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GDX. Eastern Bank bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Financial Connections Group Inc. bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Roxbury Financial LLC bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter valued at about $25,000. Rothschild Investment LLC raised its position in shares of VanEck Gold Miners ETF by 100.0% in the fourth quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 500 shares during the period. Finally, Aptus Capital Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 53.0% in the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 329 shares during the period.

VanEck Gold Miners ETF Stock Performance

GDX stock opened at $40.51 on Tuesday. The company’s 50-day simple moving average is $38.83 and its 200 day simple moving average is $38.66. VanEck Gold Miners ETF has a 52 week low of $28.91 and a 52 week high of $44.22. The company has a market capitalization of $13.63 billion, a PE ratio of 22.76 and a beta of 0.96.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.